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WPIL Ltd — Earnings Release 2024
Oct 30, 2024
62191_rns_2024-10-30_cbcf86bb-46df-4333-811a-abdc65589050.pdf
Earnings Release
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KRISHNA KUMAR
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GANERIWALA
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Digitally signed by KRISHNA KUMAR GANERIWALA Date: 2024.10.30 15:50:04 +05'30'
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E A R N I N G S P R E S E N T ATIO N - Q 2 / H 1 F Y25
COMPANY SNAPSHOT
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Market Leader in
10 Strategic International End to End
Rich Experience Pumps &
Manufacturing Presence Across Integrated Pumping
of 71 Years Pumping
Locations 4 Locations Solutions
Systems
Strong global
presence via Consolidated Partner of choice Proud to be part of
focussed Orderbook ~ for engineered flow Jal Jeevan Mission
acquisitions and INR 36,650 Mn applications of GOI
joint ventures
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EARNINGS PRESENTATION
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COMPANY OVERVIEW
COMPANY OVERVIEW
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Operating Revenue (INR Mn) and EBITDA Margins (%)
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WPIL Limited is a multinational pumps and systems company, headquartered out of India, with diversified operations covering the entire gamut of the pumping industry incorporated in 1952.
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The Company has to its credit a rich experience of more than 71 years in Designing, Developing, Manufacturing, Erecting, Commissioning and Servicing of Pumps & Pumping Systems.
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Over the 1st 50 years, the company focused on developing its core technology of centrifugal pumps and building a robust manufacturing infrastructure to support its business. This was built in tandem with India’s industrial growth and the company is proud to be major part of the Conventional Power growth story. A large installed base across the country, across industry, irrigation and water supply sectors lies testimony to its growth.
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After consolidating its position as a leading pump and pumping systems company in India, the company expanded its operations globally and now has operations in Italy, South Africa, Australia and Thailand through its Group companies.
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Constant investment in manufacturing and R&D supported by 10 manufacturing locations covering the entire process of pump manufacture from casting, fabrication, machining, assembly and testing have allowed it to deliver great value to its client by enhancing efficiencies at every step.
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The company continues its expansion into newer markets and is focused on becoming a Global leader in its sector.
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Expansion in the turn-key water project space required building out Civil construction capabilities internally, adjacent to the firm’s fundamental expertise in creating pumping systems targeting presence in the unsaturated Indian market before heading overseas.
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Looking ahead, WPIL envisions vast growth potential in both its core markets – engineered flow control products and turn-key water projects.
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16,644
16,055
11,813
17.92% 8,534
17.81% 16.66%
19.28%
FY22 FY23 FY24 H1-FY25
Revenue EBITDA Margin
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H1-FY25 Geographical Revenue (%)
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International
33%
India
67%
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EARNINGS PRESENTATION
GLOBAL OPERATIONS
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After 10 years of growth in exports and experience in global markets it was clear that the next step would need strong local presence as the engineered pumps clients need life cycle support which has to be built on long term relationships.
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Over the years, WPIL Ltd. conducted extensive diligence to identify 3 regions (6 companies) – Italy (Gruppo Aturia, Finder), South Africa (APE Pumps, Mather & Platt), and Australia (Sterling Pumps, United Pumps) – that would facilitate the journey of adding new flow control products and industry-leading clients. By acquiring these, WPIL Ltd. cements position as a world player.
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Today, these businesses are well integrated and the Group looks ahead to further inorganic growth following its ethos of building on competencies and synergies.
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Italy
India
South Africa
Australia
a
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H1-FY25 Revenue Mix (INR Mn)
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International
2,842
India
5,692
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Total : ~8,534 INR Mn
Large engineering and back-office team remains in India
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Australia
South
50
Africa
120
Italy
196 India
645
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Total : ~ 1,011 Manpower
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EARNINGS PRESENTATION
INDIA OPERATIONS - STATE-OF-ART MANUFACTURING FACILITIES
Kolkata
Engineered Pump Division is Located about 25 KM from Kolkata, the plant has ~20,000 sq. meters of floorspace.
Delhi
Industrial Pump Division is Located about 20 KM from Delhi, the plant has ~49,000 sq. meters of floorspace.
Nagpur
Engineered Pump Division is Located about 26 KM from Nagpur, the plant has ~70,000 sq. meters of floorspace.
Thane
Drainage Pump Division is Located about 21 KM from Mumbai, the plant has ~6,000 sq. meters of floorspace.
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Delhi
Nagpur
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EARNINGS PRESENTATION
BUSINESS STRUCTURE
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WPIL Ltd.
International
India
33%
67%
Project Product South Africa Italy Australia
76% 24% 26% 56% 18%
Gruppo Aturia
Conventional Engineered Drainage
Irrigation Municipal Industry
Pumps Pumps Pumps AUDOLI & ARIS
BERTOLA CHIAPPA
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% numbers are revenue share as on H1 FY25
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EARNINGS PRESENTATION
VARIED RANGE OF APPLICATIONS
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Industrial
Irrigation
Large lift irrigation networks to provide surface water to farmers and borehole installations for ground water to smaller farmers. New piped irrigation schemes for more efficient utilization of water.
Used in industries for variety of purposes such as fire fighting, sewage, chemicals, pulp and paper, steel, heating & cooling of systems, washing, storage, general industry and other industrial applications.
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Fire Fighting
Oil and Gas
Solutions for Off- shore/ On shore infrastructures, mining, petrochemicals industries, refineries, civil and industrial plants.
Chemical and petrochemical plants, off-shore plants, oil and gas plants, energy installations.
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Municipal
Water Supply & Drainage solutions for Rural and Urban Utilities including Raw water Intakes, treatment plants , reservoirs and distribution networks.
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Conventional and Nuclear Power
Cooling, drainage, dewatering, seal water and fire-fighting pumps across Thermal and Nuclear power plant.
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EARNINGS PRESENTATION
VALUE PROPOSITION
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Global Operations Strong R&D
Forward integrated Wide product basket
Dominant player in supported by Marquee clients recognized by Govt.
by providing Turnkey catering to a
Industrial Pump subsidiaries and from Top class Of India and
solutions and O&M widespread market
Sector agent network and industries supported by Global
services segment
service centers R&D center in Milan
Domain expertise Strong opportunities
Offers 50% Amongst the Market Diversified product
enhanced by global for large organized
customization in Leaders in Pumping portfolio catering to
acquisitions & players in the
Pumping Segment Solutions vast applications
mergers segment
Improved margin
Healthy return ratios
profile over the
and zero net debt
years
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EARNINGS PRESENTATION
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Q2/H1-FY25 FINANCIAL OVERVIEW
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EARNINGS PRESENTATION
FINANCIAL HIGHLIGHTS
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| INR 3,298 Mn Operating Income INR 634 Mn Operating EBITDA 19.22% Operating EBITDA Margins INR 466 Mn Net Profit 14.13% PAT Margins INR 4.77/Share Diluted EPS Q2-FY25 Standalone Performance H1-FY25 Standalone Performance INR 5,692 Mn Operating Income INR 1,034 Mn Operating EBITDA 18.17% Operating EBITDA Margins INR 774 Mn Net Profit 13.60% PAT Margins INR 7.93/Share Diluted EPS |
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|---|---|---|
| Q2-FY25 Consolidated Performance | ||
| INR 4,909 Mn Operating Income |
INR 1,044 Mn Operating EBITDA |
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| H1-FY25 Consolidated Performance | ||
| INR 8,534 Mn Operating Income INR 1,645 Mn Operating EBITDA 19.28% Operating EBITDA Margins INR 1,133 Mn Net Profit 13.28% PAT Margins INR 10.13/Share Diluted EPS* |
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| INR 1,133 Mn Net Profit |
13.28% PAT Margins |
- One Equity Share of Face Value of Rs. 10/- each has been subdivided (split) into Ten Equity Shares of Re. 1/- each, effective from July 12, 2024. The EPS for Current and Previous periods have accordingly been calculated/restated, considering Face Value as Re. 1/- per share.
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EARNINGS PRESENTATION
Q2-FY25 HIGHLIGHTS - DOMESTIC
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Domestic revenues grew 55% in H1 FY25
Product Business
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Revenue for the Product Division rose to INR 83 crores in H1 FY25, up from INR 60 crores in FY24.
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The outlook for the Product division is improving based on product portfolio expansion and strong market presence
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Excellent prospects on export front from International operations
Projects Business
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Revenue for the Projects Division increased to INR 431 crores in H1 FY25, compared to INR 260 crores in FY24.
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Project execution momentum has gained traction, with growth expected to continue in the second half of the financial year after the monsoon season.
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Project commissioning has remained on schedule over the past two quarters.
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The company is actively pursuing new contract opportunities, anticipating an increase in the pace of new tenders in the second half of the Financial Year.
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EARNINGS PRESENTATION
Q2-FY25 HIGHLIGHTS - INTERNATIONAL
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The International business operations remain stable and the outlook remains strong across all businesses.
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Gruppo Aturia is benefitting from strong after market performance and awaits revival of large number of delayed contracts in the MENA region for growth.
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WPIL South Africa performance remains exemplary with excellent performance in H1 FY25.
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The acquisition of Eigenbau should drastically strengthen South African operations with an enhanced product and services offering in the growing South Africa water sector.
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Large investments have been announced in South Africa for both water and power and the growth prospects are exciting.
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Both Sterling Pumps and United Pumps Australia have record order books and are expected to post strong revenue growth in FY25
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WPIL Thailand continues its strong performance and has started benefitting from large water infrastructure investments in Thailand
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EARNINGS PRESENTATION
DOMESTIC REVENUES
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Product Revenue (INR Mn)
1.2
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1
0.8 830
0.6 594
0.4
0.2
0
Q2-FY24 Q2-FY25
1,382
1,139
H1-FY24 H1-FY25
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Project Revenue (INR Mn)
1.2
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1
0.8
2,467
0.6
0.4
1,299
0.2
0
Q2-FY24 Q2-FY25
4,309
2,602
H1-FY24 H1-FY25
QUARTERLY
HALF YEARLY
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EARNINGS PRESENTATION
ORDER BOOK
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Domestic Order Book (INR Mn)
36,410
30,540
27,300
Construction
31,510 Construction
25,250
Construction
22,010
O&M O&M
O&M 4,010
4,900 3,140 3,477 5,290
5,290
FY 23 FY24 H1-FY25
Project Product
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H1-FY25 International Order Book Breakup (%)
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South Africa
30%
Italy
49%
Australia
21%
Total : ~ 5,340 INR Mn
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EARNINGS PRESENTATION
QUARTERLY STANDALONE FINANCIAL PERFORMANCE
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| Particulars (INR Mn) | Q2-FY25 | Q2-FY24 | Y-o-Y | Q1-FY25 | Q-o-Q |
|---|---|---|---|---|---|
| Revenue from Operations | 3,298 | 1,853 | 78.0% | 2,394 | 37.8% |
| Operating Expenses | 2,634 | 1,542 | 72.8% | 1,995 | 33.5% |
| EBITDA | 634 | 311 | NA | 399 | 58.9% |
| EBITDA Margins (%) | 19.22% | 16.78% | 244 bps | 16.67% | 255 bps |
| Depreciation | 17 | 17 | - | 16 | 6.3% |
| Finance Cost | 72 | 40 | 80.0% | 55 | 30.9% |
| Other Income | 80 | 62 | 29.0% | 84 | (4.8)% |
| PBT | 625 | 316 | 97.8% | 412 | 51.7% |
| Taxes | 159 | 82 | 93.9% | 104 | 52.9% |
| PAT | 466 | 234 | 99.1% | 308 | 51.3% |
| PAT Margins (%) | 14.13% | 12.63% | 150 bps | 12.87% | 126 bps |
| Other Comprehensive Income | - | (1) | NA | 1 | NA |
| Total Comprehensive Income | 466 | 233 | NA | 309 | 50.8% |
| Diluted EPS (INR per share) | 4.77 | 2.40 | 98.8% | 3.16 | 50.9% |
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EARNINGS PRESENTATION
HALF YEARLY STANDALONE FINANCIAL PERFORMANCE
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| Particulars (INR Mn) | H1-FY25 | H1-FY24 | Y-o-Y |
|---|---|---|---|
| Revenue from Operations | 5,692 | 3,675 | 54.9% |
| Operating Expenses | 4,658 | 3,068 | 51.8% |
| EBITDA | 1,034 | 607 | 70.3% |
| EBITDA Margins (%) | 18.17% | 16.52% | 165 bps |
| Depreciation | 33 | 34 | (2.9)% |
| Finance Cost | 128 | 82 | 56.1% |
| Other Income | 164 | 121 | 35.5% |
| PBT | 1,037 | 612 | 69.4% |
| Taxes | 263 | 157 | 67.5% |
| PAT | 774 | 455 | 70.1% |
| PAT Margins (%) | 13.60% | 12.38% | 122 bps |
| Other Comprehensive Income | 1 | (2) | NA |
| Total Comprehensive Income | 775 | 453 | 71.1% |
| Diluted EPS (INR per share) | 7.93 | 4.66 | 70.2% |
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EARNINGS PRESENTATION
QUARTERLY CONSOLIDATED FINANCIAL PERFORMANCE
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| Particulars (INR Mn) | Q2-FY25 | Q2-FY24 | Y-o-Y | Q1-FY25 | Q-o-Q |
|---|---|---|---|---|---|
| Revenue from Operations | 4,909 | 3,187 | 54.0% | 3,625 | 35.4% |
| Operating Expenses | 3,865 | 2,520 | 53.4% | 3,023 | 27.9% |
| EBITDA | 1,044 | 667 | 56.5% | 602 | 73.4% |
| EBITDA Margins (%) | 21.27% | 20.93% | 34 bps | 16.61% | 466 bps |
| Depreciation | 80 | 74 | 8.1% | 77 | 3.9% |
| Finance Cost | 87 | 71 | 22.5% | 75 | 16.0% |
| Other Income | 85 | 44 | 91.2% | 119 | (28.6)% |
| Share of profit of an Associate and Joint Venture | 15 | 5 | NA | 16 | (6.3)% |
| PBT | 977 | 571 | 71.1% | 585 | 67.0% |
| Taxes | 275 | 163 | 68.7% | 154 | 78.6% |
| Profit/(Loss) from discontinued operations | - | 21 | NA | - | NA |
| PAT | 702 | 429 | 63.6% | 431 | 62.9% |
| PAT Margins (%) | 14.30% | 13.46% | 84 bps | 11.89% | 241 bps |
| Other Comprehensive Income | 443 | (72) | NA | (35) | NA |
| Total Comprehensive Income | 1,145 | 357 | NA | 396 | NA |
| Diluted EPS (INR per share) | 6.17 | 3.53 | 74.8% | 3.96 | 55.8% |
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EARNINGS PRESENTATION
HALF YEARLY CONSOLIDATED FINANCIAL PERFORMANCE
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| Particulars (INR Mn) | H1-FY25 | H1-FY24 | Y-o-Y |
|---|---|---|---|
| Revenue from Operations | 8,534 | 6,423 | 32.9% |
| Operating Expenses | 6,889 | 5,162 | 33.5% |
| EBITDA | 1,645 | 1,261 | 30.5% |
| EBITDA Margins (%) | 19.28% | 19.63% | (35) Bps |
| Depreciation | 157 | 145 | 8.3% |
| Finance Cost | 162 | 145 | 11.7% |
| Other Income | 205 | 86 | NA |
| Share of profit of an Associate and Joint Venture | 31 | 13 | NA |
| PBT | 1,562 | 1,070 | 46.0% |
| Taxes | 429 | 292 | 46.9% |
| Profit/(Loss) from discontinued operations | - | 55 | NA |
| PAT | 1,133 | 833 | 36.0% |
| PAT Margins (%) | 13.28% | 12.97% | 31 bps |
| Other Comprehensive Income | 408 | 11 | NA |
| Total Comprehensive Income | 1,541 | 844 | 82.6% |
| Diluted EPS (INR per share) | 10.13 | 6.79 | 49.2% |
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EARNINGS PRESENTATION
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HISTORICAL FINANCIAL OVERVIEW
20
EARNINGS PRESENTATION
STANDALONE FINANCIAL PERFORMANCE
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| Particulars (INR in Mn) | FY22 | FY23 | FY24 | H1-FY25 |
|---|---|---|---|---|
| Revenue from Operations | 5,298 | 10,024 | 10,769 | 5,692 |
| Operating Expenses | 4,432 | 8,264 | 8,839 | 4,658 |
| EBITDA | 866 | 1,760 | 1,930 | 1,034 |
| EBITDA Margins (%) | 16.35% | 17.56% | 17.92% | 18.17% |
| Depreciation | 56 | 55 | 70 | 33 |
| Finance Cost | 89 | 121 | 172 | 128 |
| Other Income | 141 | 317 | 304 | 164 |
| PBT | 862 | 1,901 | 1,992 | 1,037 |
| Taxes | 223 | 471 | 572 | 263 |
| PAT | 639 | 1,430 | 1,420 | 774 |
| PAT Margins (%) | 12.06% | 14.27% | 13.19% | 13.60% |
| Other Comprehensive Income | - | (3) | 1 | 1 |
| Total Comprehensive Income | 639 | 1,427 | 1,421 | 775 |
| Earnings Per Share (EPS) | 6.54 | 14.64 | 14.54 | 7.93 |
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EARNINGS PRESENTATION
STANDALONE BALANCE SHEET
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| Particulars (INR Mn) | FY23 | FY24 | H1-FY25 | Particulars (INR Mn) | FY23 | FY24 | H1-FY25 |
|---|---|---|---|---|---|---|---|
| EQUITY AND LIABILITIES | ASSETS | ||||||
| Non-Current Assets | |||||||
| a) Equity Share Capital b) Other Equity Shareholders Fund |
98 6,472 6,570 |
98 7,502 7,600 |
98 8,082 8,180 |
a) Property, Plant and Equipment b) Capital Work-in-progress c) Goodwill |
742 1 137 |
864 22 137 |
972 63 137 |
| Non-Current Liabilities | d) Other Intangible Assets | 3 | 4 | 4 | |||
| a) Financial Liabilities | e) Financial Assets | ||||||
| i) Borrowings | 4 | 74 | 857 | i) Investments | 490 | 490 | 490 |
| ii) Lease Liability | 2 | - | 89 | ii) Trade Receivables | 817 | 1,287 | 1,282 |
| iii) Provisions | 67 | 66 | 76 | iii) Loans and Deposits | 1,849 | 1,027 | 1,048 |
| c) Deferred tax liabilities (net) | (3) | - | - | iv) Other Financial Assets | 60 | 82 | 88 |
| Total Non-current Liabilities | 70 | 140 | 1,022 | f) Deferred Tax Assets | - | - | 4 |
| h) Non current Tax Assets | 58 | 51 | 34 | ||||
| Current Liabilities | i) Other Non-current Assets | 29 | 28 | 29 | |||
| a) Contract Liabilities | 1,614 | 1,927 | 1,556 | Total non-current assets | 4,186 | 3,992 | 4,151 |
| b) Financial Liabilities | Current Assets | ||||||
| i) Borrowings | 405 | 1,299 | 2,375 | a) Inventories | 802 | 1,395 | 1,258 |
| ii) Lease Liability | 30 | - | 21 | b) Contract Assets | 1,150 | 1,268 | 2,119 |
| iii) Trade payables iii) Other financial liabilities c) Other current liabilities d) Provisions |
2,894 30 127 47 |
3,635 56 212 65 |
2,666 103 25 64 |
c) Financial assets i) Trade Receivables ii) Cash and Cash equivalents iii) Bank balances other than (ii) above v) Other Financial Assets |
3,609 161 1,412 182 |
6,078 169 1,713 88 |
6,402 961 711 176 |
| e) Current tax liabilities | 30 | 101 | 197 | e) Other Current Assets | 315 | 332 | 431 |
| Total Current Liabilities | 5,177 | 7,295 | 7,007 | Total Current Assets | 7,631 | 11,043 | 12,058 |
| Total Equity and Liabilities | 11,817 | 15,035 | 16,209 | Total Assets | 11,817 | 15,035 | 16,209 |
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EARNINGS PRESENTATION
CONSOLIDATED FINANCIAL PERFORMANCE
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| Particulars (INR in Mn) | FY22 | FY23 | FY24 | H1-FY25 |
|---|---|---|---|---|
| Revenue from Operations | 11,813 | 16,055 | 16,644 | 8,534 |
| Operating Expenses | 9,710 | 13,380 | 13,662 | 6,889 |
| EBITDA | 2,104 | 2,674 | 2,982 | 1,645 |
| EBITDA Margins (%) | 17.81% | 16.66% | 17.92% | 19.28% |
| Depreciation | 373 | 279 | 301 | 157 |
| Finance Cost | 199 | 237 | 308 | 162 |
| Other Income | 86 | 240 | 282 | 205 |
| Share of profit of an Associate and Joint Venture | 13 | 27 | 53 | 31 |
| PBT | 1,631 | 2,425 | 2,708 | 1,562 |
| Taxes | 448 | 646 | 778 | 429 |
| Profit/(Loss) from discontinued operations | (1) | 418 | 4,908* | - |
| PAT | 1,182 | 2,197 | 6,838 | 1,133 |
| PAT Margins (%) | 10.01% | 13.68% | 41.08% | 13.28% |
| Other Comprehensive Income | 73 | (125) | 99 | 408 |
| Total Comprehensive Income | 1,255 | 2,072 | 6,937 | 1,541 |
| Earnings Per Share (EPS) | 9.96 | 19.37 | 48.63 | 10.13 |
*Number includes profit on disposal of Rutschi Business
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EARNINGS PRESENTATION
CONSOLIDATED BALANCE SHEET
| Particulars (INR Mn) | FY23 | FY24 | H1-FY25 |
|---|---|---|---|
| EQUITY AND LIABILITIES | |||
| a)EquityShare Capital b)Other Equity Equityattributable to equityholders of theparent c)Non-ControllingInterest |
98 8,001 8,098 1,030 |
98 12,361 12,459 3,104 |
98 13,404 13,502 3,407 |
| Total Equity Liabilities |
9,129 | 15,563 | 16,909 |
| Non-Current Liabilities | |||
| a)Financial Liabilities | |||
| i)Borrowings | 911 | 265 | 1,001 |
| ii)Lease Liability iii)Other Financial Liabilities c)Provisions d)Deferred tax liabilities(net) |
204 9 242 95 |
104 9 178 58 |
195 8 197 56 |
| Total Non-current Liabilities | 1,461 | 614 | 1,457 |
| Current Liabilities | |||
| a)Contract Liabilities | 4,206 | 2,478 | 2,317 |
| b)Financial Liabilities | |||
| i) Borrowings | 1,352 | 1,800 | 2,756 |
| ii)Lease Liability iii)Tradepayables iv)Other financial liabilities c)Other current liabilities |
112 4,715 261 287 |
35 4,591 221 413 |
79 3,604 292 181 |
| d)Provisions | 118 | 136 | 149 |
| e)Current tax liabilities | 383 | 429 | 535 |
| Total Current Liabilities | 11,434 | 10,103 | 9,913 |
| Total Equityand Liabilities | 22,024 | 26,280 | 28,279 |
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| Particulars (INR Mn) | FY23 | FY24 | H1-FY25 |
|---|---|---|---|
| ASSETS | |||
| Non-Current Assets | |||
| a)Property,Plant and Equipment | 3,649 | 3,415 | 3,676 |
| b)Capital Work-in-progress | 90 | 138 | 183 |
| c)Goodwill | 550 | 566 | 595 |
| d)Other Intangible Assets | 471 | 411 | 426 |
| e) Investment in an associate and Joint Venture |
187 | 240 | 268 |
| f)Financial Assets | |||
| i)Investments | 10 | 10 | 10 |
| ii)Trade Receivables | 817 | 1,287 | 1,282 |
| iii)Loans and Deposits | 129 | 141 | 155 |
| iv) )Other Financial Assets | 87 | 706 | 1,289 |
| g)Deferred tax assets(Net) | 6 | 0 | 4 |
| h)Non current Tax Assets | 58 | 80 | 66 |
| i)Other Non-current Assets | 30 | 29 | 29 |
| Total non-current assets | 6,084 | 7,023 | 7,983 |
| Current Assets | |||
| a)Inventories | 3,419 | 3,700 | 3,821 |
| b)Contract Assets | 3,687 | 1,271 | 2,122 |
| c)Financial assets | |||
| i)Trade Receivables | 5,472 | 7,315 | 7,682 |
| ii)Cash and Cash equivalents | 971 | 4,360 | 4,974 |
| iii)Bank balances other than(ii)above | 1,618 | 1,927 | 769 |
| iv)Loans | 1 | 1 | 1 |
| v)Other Financial Assets | 104 | 99 | 158 |
| d)Current Tax Assets(net) | 92 | 25 | 27 |
| e)Other Current Assets | 577 | 559 | 742 |
| Total Current Assets | 15,940 | 19,257 | 20,296 |
| Total Assets | 22,024 | 26,280 | 28,279 |
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EARNINGS PRESENTATION
CONSOLIDATED FINANCIAL GRAPHS
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Revenue (INR Mn) EBITDA (INR Mn) & EBIDTA Margins (%) PAT (INR Mn) & PAT Margins (%)
4,000 50.00%
60.00% 2,500
16,644 45.00%
16,055 3,500
2,982
11,813 3,000 2,500 2,674 40.00%35.00% 50.00%40.00% 1,779 1,930 2,000
30.00%
2,104 1,500
8,534 2,000 1,645 25.00% 30.00% 1,182 1,133
1,500 20.00% 1,000
15.00% 20.00% 10.01% 11.08% 11.60%
1,000 17.81% 16.66% 17.92% 19.63% 10.00% 500
10.00%
500
5.00% 13.28%
- 0.00% 0.00% 0
FY22 FY23 FY24 H1-FY25 FY22 FY23 FY24 H1-FY25 FY22 FY23 * FY24 * H1-FY25
Excludes Rutschi Business
Working Capital Days Net Debt to Equity Ratio (x) Return Ratios (%)
25.40%
159 22.22%
19.63%
120
89 19.48% 20.81%
79 16.75%
0.09
- - -
FY22 FY23 FY24
FY22 FY23 FY24 H1-FY25 FY22 FY23 FY24 H1-FY25 RoE (%) RoCE (%)
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EARNINGS PRESENTATION
CAPITAL MARKET INFORMATION
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Stock Performance Data (As on 30 [th] September, 2024)
60%
50%
40%
30%
20%
10%
0%
-10%
Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24
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Nov-23 Dec-23 Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 WPIL Ltd. Sensex
| Price Data (As on 30th September, 2024) | INR |
|---|---|
| Face Value | 1.0 |
| CMP | 429.65 |
| 52 Week H/L | 543.0/ 275.8 |
| Market Cap. (Mn) | 41,964.3 |
| No. of Share outstanding (Mn) | 97.67 |
| Avg. Trading Volume (‘000) | 103.85 |
| Avg. Net Turnover (Mn) | 40.59 |
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Shareholding Pattern (As on 30 [th] September, 2024)
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AIF 0.18%
Mutual Funds 2.43%
FPI 5.68%
Promoters
Public 70.80%
20.91%
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EARNINGS PRESENTATION
DISCLAIMER
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WPIL Limited Disclaimer:
No representation or warranty, express or implied, is made as to, and no reliance should be placed on the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events not current after the date of this presentation. Certain statements made in this presentation may not be based on historical information or facts and may be "forward looking statements" based on the currently held beliefs and assumptions of the management of WPIL Limited, which are expressed in good faith and in their opinion reasonable, including those relating to the Company’s general business plans and strategy, its future financial condition and growth prospects and future developments in its industry and its competitive and regulatory environment
Forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, financial condition, performance or achievements of the Company or industry results to differ materially from the results, financial condition, performance or achievements expressed or implied by such forward-looking statements, including future changes or developments in the Company’s business, its competitive environment and political, economic, legal and social conditions. Further, past performance is not necessarily indicative of future results. Given these risks, uncertainties and other factors, viewers of this presentation are cautioned not to place undue reliance on these forward-looking statements. The Company disclaims any obligation to update these forward-looking statements to reflect future events or developments
This presentation is for general information purposes only, without regard to any specific objectives, financial situations or informational needs of any particular person. This presentation does not constitute an offer or invitation to purchase or subscribe for any securities in any jurisdiction, including the United States. No part of it should form the basis of or be relied upon in connection with any investment decision or any contract or commitment to purchase or subscribe for any securities. None of our securities may be offered or sold in the United States, without registration under the U.S. Securities Act of 1933, as amended, or pursuant to an exemption from registration there from
This presentation is confidential and may not be copied or disseminated, in whole or in part, and in any manner.
Valorem Advisors Disclaimer:
Valorem Advisors is an Independent Investor Relations Management Service company. This Presentation has been prepared by Valorem Advisors based on information and data which the Company considers reliable, but Valorem Advisors and the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded. Valorem Advisors also hereby certifies that the directors or employees of Valorem Advisors do not own any stock in personal or company capacity of the Company under review
For further details, please feel free to contact our Investor Relations Representatives:
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Mr. Anuj Sonpal Valorem Advisors Tel: +91-22-4903-9500 Email: [email protected]
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EARNINGS PRESENTATION
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THANK YOU
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EARNINGS PRESENTATION